Org.nr 926 279 157 2020 → 2021 Year-over-year analysis

AKERS BAKERI AS: årsregnskap 2021 vs 2020

Grew 108281% on revenue, stronger earnings, cash halved-plus

approved 2022-07-03; registry 2022-07-23; journal 2022 695624

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKERS BAKERI AS. Revenue 5 268 NOK → 5.71m NOK (+108280.8%). Net result +12 NOK → +209.2k NOK. Equity 12.43m NOK → 635.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKERS BAKERI AS.

Scorecard

Revenue
5 268 NOK 5.71m NOK
+108280.8%
Operating result
-129.6k NOK +220.0k NOK
+269.8%
Net result
+12 NOK +209.2k NOK
+1742975.0%
Equity
12.43m NOK 635.4k NOK
-94.9%
Cash
555.8k NOK 88.5k NOK
-84.1%
Total assets
1.11m NOK 1.74m NOK
+57.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 268 NOK to 5.71m NOK (+108280.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -129.6k NOK → +220.0k NOK (op. margin -2460.5% → 3.9%). Calculated

  • ↑

    Net result improved

    Net result +12 NOK → +209.2k NOK (net margin 0.2% → 3.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.43m NOK → 635.4k NOK (equity ratio 1124.3% → 36.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 555.8k NOK → 88.5k NOK (-84.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 569 NOK → 1.62m NOK (+103254.5% YoY). Calculated